TIDMKRS

RNS Number : 2075U

Keras Resources PLC

22 November 2023

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
 
 1a. Identity of the issuer or the                                        Keras Resources PLC 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                           X 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify) (iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Christopher Grosso 
 City and country of registered office                        Saratoga Springs, United States of 
  (if applicable)                                              America 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                             -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           21/11/2023 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified                             21/11/2023 
  (DD/MM/YYYY): 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        held in issuer 
                                of 8. A)           (total of 8.B                       (8.A + 8.B) 
                                                    1 + 8.B 2)                         (vii) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     17.1%                 Nil                17.1%           13,703,350 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                   16.26%                 Nil               16.26% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of                 Number of voting rights                       % of voting rights 
  shares                        (ix) 
  ISIN code (if 
  possible) 
                                      Direct                Indirect               Direct             Indirect 
                                     (DTR5.1)              (DTR5.2.1)              (DTR5.1)           (DTR5.2.1) 
                                                     --------------------- 
 Ordinary / GB00B649J414            13,703,350                                     16.26% 
                              ---------------------  ---------------------  --------------------  ---------------- 
 
 
 SUBTOTAL 8. 
  A                                            13,703,350                                    17.1% 
                              --------------------------------------------  -------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial             Expiration   Exercise/                  Number of voting            % of voting 
  instrument                    date         Conversion Period          rights that may             rights 
                                (x)          (xi)                       be acquired if 
                                                                        the instrument 
                                                                        is 
                                                                        exercised/converted. 
                              -----------  -------------------------  --------------------------  ---------------- 
 
 
 
                                            SUBTOTAL 8. B 
                                             1 
                                           -------------------------  --------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  DTR5.3.1R (1) (b) 
 Type of financial        Expiration        Exercise/         Physical           Number of         % of voting 
  instrument               date (x)          Conversion        or cash            voting rights     rights 
                                             Period (xi)       Settlement 
                                                               (xii) 
                         ----------------  ----------------  -----------------  ---------------- 
 
 
 
                                                              SUBTOTAL 
                                                               8.B.2 
                                                             -----------------  ---------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                           X 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (please add additional 
  rows as necessary) (xiv) 
      Name (xv)         % of voting rights      % of voting rights       Total of both if 
                          if it equals or        through financial        it equals or is 
                         is higher than the      instruments if it        higher than the 
                        notifiable threshold    equals or is higher     notifiable threshold 
                                                than the notifiable 
                                                     threshold 
                      ----------------------  ---------------------  ------------------------ 
 Christopher Grosso            17.1%                   Nil                     17.1% 
                      ----------------------  ---------------------  ------------------------ 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                              ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                              ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                              ----------------------------------------------- 
 
 11. Additional information (xvi) 
 
 
 
 
 Place of completion   Saratoga Springs, United States of America 
 Date of completion    21/11/2023 
                      ------------------------------------------- 
 

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